165 Old Patton Lane, Harriman, TN 37748
$500,000
Property Type:
Multi-Family
Square Footage:
4,420
Status:
Closed
Current Price:
$500,000
List Date:
1/13/2024
Last Modified:
2/16/2024
Description
Investment opportunity! This 4-plex is minutes from Roane State Community College & all units are currently rented with a waiting list. These units are all 2BR/1.5BA. Recent updates throughout including new roof in 2022, all hot water heaters have been replaced within the last 4 years & all HVAC units replaced in 2023 with a 10 year parts warranty. This property is being sold individually or inclusive of MLS#'s 1249045 & 1249046, which is represented as a parent/package listing in MLS# 1249043. Schedule your showing today!
More Information MLS# 1249047
Location, Tax & Legal Info
House #: 165
Street Name: Old Patton
St Suffix: Lane
State/Province: TN
Zip Code: 37748
Area: Roane County - 31
City/County Code: City Limits
PIN #: 045 011.08
Total Tax: 3348.12
Geo Lat: 35.889712
Geo Lon: -84.619797
Contract Info
Auction Y/N: No
Listing Price: 500000
Current Price: $500,000
Status: Closed
Listing Date: 2024-01-02
Cooperation Comp: 2
Compensation Type: %
General Property Description
SqFt - Total (Aprox): 4420
Lot Dimensions: .71 acres
Number of Units: 4
# Units Leased: 4
Utilities/Mo Avg: 125
Year Built: 1998
Property Status: N/A
Restrictions: Yes
Driveway: Gravel parking
Lease Information: All 4 units are leased through May 31, 2024
Remarks & Misc
Directions: I-40 W to exit 347 for US-27 toward Harriman/Rockwood, Turn left onto US-27 S/S Roane St, Turn left onto Patton Ln, Turn right onto Old Patton Ln, Property is on the right
Public Remarks: Investment opportunity! This 4-plex is minutes from Roane State Community College & all units are currently rented with a waiting list. These units are all 2BR/1.5BA. Recent updates throughout including new roof in 2022, all hot water heaters have been replaced within the last 4 years & all HVAC units replaced in 2023 with a 10 year parts warranty. This property is being sold individually or inclusive of MLS#'s 1249045 & 1249046, which is represented as a parent/package listing in MLS# 1249043. Schedule your showing today!
Status Change Info
Status Change Date: 2024-02-16
Under Contract Date: 2024-01-13
Sold Date: 2024-02-16
Sold Price: $500,000
Income/Expenses
Gross Annual Income: 54000
Property Features
Property Sub-Type: Four Plex
Type of Units: 2 Bedroom Unit; Unfurnished
Sale Includes: Building and Land; No Furnishings
Floors: Carpet; Tile; Vinyl
Tenant Expenses: Tenant Pays All Util
Owner Expenses: Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes; Trash Collection
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Range; Refrigerator; Self Cleaning Oven
Construction: Frame
Roof: Shingle
Siding: Vinyl
Garage/Parking: On-Street Parking
Exterior Features: Windows - Dble Pane; Windows - Vinyl
Misc Features: Internet Available; Washer/Dryer Connect
Other Rooms: Other
Miscellaneous: Washer/Dryer Cnctns
New Financing: Cash; Conventional; New Loan
Showing: See Agent Instructns
Listing Office: Keller Williams Realty
Office Phone: 865-694-5904
Last Updated: February - 16 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.